Rethinking Scope 3 Reporting through Procurement
As the disclosure of carbon emissions becomes a functional necessity for businesses, they face pressure to rethink their supply chains and commitment to sustainability. However, the road map to achieving the required targets remains unclear.
In this article for FT Sustainable Views, Mauro, Co-founder and CEO of Emitwise, explores the challenges businesses face in accurately reporting Scope 3 emissions from their supply chains. He highlights the need for better procurement practices, using primary data from suppliers, and collaborating across industries to improve data accuracy. By prioritizing suppliers with strong sustainability practices, companies can reduce their carbon footprint and build long-term resilience.